BUSINESS

Indian traders do good business at Nathu La

Source:PTI
September 23, 2008 13:37 IST

Indian traders recorded a turnover of Rs 10 lakh (Rs 1 million) in August at Nathu La to take the total business to Rs 26 lakh (Rs 2.6 million) since the annual trade on Sino-India border was re-opened on May 19.

According to data released by the Sikkim commerce and industries department in Gangtok, utensils including copper bowls fetched a revenue of Rs 900,000 for Indian traders during four months of trade at the Renquinggang mart.

Other products like black tea, textiles, woollen shawls, canned food, vegetable oils and cigarettes were in demand from importers.

About 60 importers visited the mart daily to buy Indian goods, officials said.

Source: PTI
© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email